0001193125-13-420820 Sample Contracts

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement and Release • October 31st, 2013 • Apricus Biosciences, Inc. • Pharmaceutical preparations • New York

This Settlement Agreement and Release (this “Agreement”), effective as of the date of the last execution signature (“Effective Date”), is by and between Topotarget A/S, a publicly-traded Danish biopharmaceutical company (“Topotarget”) and Apricus Biosciences, Inc., a publicly-traded pharmaceutical company (“Apricus”). As used herein, “Parties” shall mean Topotarget and Apricus.

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